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Zhone Technologies to Present at ThinkEquity Partners Growth Conference

Webcast Scheduled for 9:30 a.m. (PDT) on Tuesday, September 12, 2006

Oakland, CA — September 7, 2006 — Zhone Technologies, Inc. (Nasdaq: ZHNE), the first company dedicated to building total-delivery solutions for voice, data and video worldwide, announced today that Chairman and Chief Executive Officer Mory Ejabat, will present at the ThinkEquity Partners 4th Annual Growth Conference on Tuesday, September 12, 2006 from 9:30 to 10:00am in San Francisco at the Ritz Carlton Hotel.

Zhone will conduct a live webcast of the presentation. To access the webcast over the Internet, please go to http://www.zhone.com . Rebroadcast of the presentation will be available shortly after the conclusion of the session and can be accessed over the Internet at http://www.zhone.com .

About Zhone Technologies

Zhone Technologies, Inc. (NASDAQ: ZHNE) is a global leader in all IP multi-service access solutions, serving more than 750 of the world's most innovative network operators.

The IP Zhone is the only solution that enables service providers to build the network of the future…today, supporting end-to-end Voice, Data, Entertainment Social Media, Business, Mobile Backhaul and Mobility service.

Zhone is committed to building the fastest and highest quality All IP Multi-Service solution for its customers.

Zhone is headquartered in California and its products are manufactured in the USA in a facility that is emission, waste-water and CFC free.

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Zhone, the Zhone logo, and all Zhone product names are trademarks of Zhone Technologies, Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change without notice.